Updated Sep 9, 2024
Lesley Springer Acquires Multifamily Property In Greenwood Heights For $915,000
236 26th Street, Greenwood Heights, Brooklyn, NY, USA
$915,000
$254/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Sep 14, 2021
About this deal
AI
The multifamily property located at 236 26th Street in Greenwood Heights has been sold for a total price of $915,000. The property consists of 6 units, with a price per unit (PPU) of $152,500. The total square footage of the property is 3,600, resulting in a price per square foot (PPSF) of $254.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $915,000
- Units: 6
- Price Per Unit: $152,500
- Square Footage: 3,600
- Price Per Square Foot: $254
Lesley Springer has acquired the property, while Chris Williams has sold it. The transaction was facilitated by Jerry Tenenbaum from Top Nest NY CRE.
On the Map
$915,000
$254/SF
MultiFamily
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.34%
Cash-on-Cash
-4.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93